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BusinessGeneralHeadlines

Cedi@60: A symbol of Ghana’s heritage and economic independence — Ato Forson

Finance Minister Dr. Cassiel Ato Forson has described the Ghana cedi as a lasting symbol of the nation’s heritage, sovereignty, and economic independence as the currency marks its 60th anniversary.

Hamdia Mohammed
By Hamdia Mohammed
Published: October 28, 2025
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Finance Minister Dr. Cassiel Ato Forson has hailed the Ghana cedi as a lasting emblem of the country’s heritage, resilience, and economic independence as the nation commemorates six decades of its existence.

Speaking at the official launch of the Cedi@60 celebration in Accra, Dr. Forson reflected on the cedi’s evolution since its introduction in 1965, underscoring its endurance through economic reforms, inflation, and devaluation.

“Since 1965, the cedi has not just been a store of value, but an integral part of our heritage,” he said.

The Finance Minister emphasized that despite the various economic challenges faced over the years, the currency continues to represent Ghana’s sovereignty and unity.

“It has indeed endured, it has evolved, and it remains the only legal tender of our dear republic,” he stated.

Dr. Forson urged citizens to take pride in the national currency and guard its value, describing it as a symbol of independence and identity.

“Let us talk about the cedi with pride, not as a burden, but always as a badge of economic independence,” he appealed.

The event, themed “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience,” brought together senior government officials, dignitaries, and financial experts, with President John Dramani Mahama serving as the Special Guest of Honour.

Introduced on July 19, 1965, the Ghana cedi marked the country’s decisive step toward monetary independence after colonial rule. Over time, it has undergone policy adjustments and redesigns, reflecting the resilience of Ghana’s economy in adapting to changing times.

The Bank of Ghana says the Cedi@60 commemoration is an opportunity to reflect on the cedi’s six-decade journey, strengthen public confidence in the national currency, and inspire a renewed sense of economic patriotism.

The year-long programme will feature a nationwide roadshow dubbed the “Cedi Van,” financial literacy campaigns, and creative competitions for young people in art, music, and writing.

A major highlight will be a Currency Conference, which will bring together international central bankers, academics, and private sector leaders to discuss Ghana’s monetary evolution and future outlook.

Source: Starrfm.com.gh

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TAGGED:ato forsonCedi@60economic independenceGhana NewsGhana's heritage
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